Spring Bay Township Housing Market Report May 2025Woodford County, Illinois

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Housing Prices in Spring Bay Township, IL

How much do homes in Spring Bay Township, IL cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$249,900$110/SqFt
+$25,000
+11.1%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Spring Bay Township has increased by 11.1% since last year.

Summary: The median home list price in Spring Bay Township was $249,900 in May 2025, up 11.1% from the previous year, and the median price per square foot was $110.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Spring Bay
+316.5%
Peoria Heights
+23.0%
Spring Bay Township
+11.1%
Worth Township
+3.7%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$59.5K$95K
+59.7%
2$94.9K$109.9K
+15.8%
3$220K$254.9K
+15.9%
4$339.9K$332.4K
-2.2%
5$422.5K$387.5K
-8.3%

Summary: Spring Bay Township housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +59.7%. The home price for 2 bedroom homes increased by +15.8%. The home price for 3 bedroom homes increased by +15.9%. The home price for 4 bedroom homes decreased by -2.2%. The home price for 5 bedroom homes decreased by -8.3%.

How does Spring Bay Township, IL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Spring Bay Township, IL

Housing supply in Spring Bay Township, IL

How many homes are available in Spring Bay Township, IL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthMay 2025
82 months agoApr 2025
-12.5 %
Change MoMApr – May

Summary: The Spring Bay Township real estate market had 7 homes for sale in May 2025, a 12.5 % decrease compared to Apr 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
222
0.0%
343
-25.0%
422
0.0%
500
0.0%

Summary: Spring Bay Township housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for Spring Bay Township, IL

How long does it take to sell a home in Spring Bay Township, IL?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
77 DaysThis YearMay 2025
90 Days1 year agoMay 2024
-14.1 %
Change YoYMay 2024 – May 2025

Summary: Homes in Spring Bay Township had an average listing age of 77 days in May 2025, down by 14.1% compared to the previous year.

Newest Listings in Spring Bay Township, IL

What homes are available in Spring Bay Township, IL?

MLS Disclaimers and Copyright

Based on information from RMLS Alliance, for the period 06/01/2023 - 06/01/2025

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/18/2025, 11:35:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.